Catering business is thriving on multiple streams of income

  • 📰 SowetanLIVE
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 63%

Business News News

When Hlalefang Mzingwane was growing up, she watched her mother prepare delicious meals for her family.

This sparked a passion for cooking which inspired her become a qualified chef and the owner of Kitchen360, a comprehensive catering, confectionery, and events business.

Having diverse income streams is important for small businesses because when one income gets compromised, the entrepreneur can rely on other income streams to stay afloat. According to a 2020 Statistics South Africa report which asked businesses how the pandemic affected them, 42,2% of respondents indicated that they were not confident that they will have the financial resources to continue operating through the COVID19 outbreak. Half of the businesses surveyed temporarily closed their doors.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 13. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines